Product Life Cycle

Submit a paper addressing the questions in section IV of the final project, and analyze the product life cycle with regard to reverse logistics and supply chains in
general and at your selected organization. Be sure to address how these issues will affect the overall plan for your company, either positively or negatively.
Specifically, the following critical elements must be addressed:
IV. Analyze product life cycle with regard to reverse logistics and supply chains in general and with regard to your selectedorganization.
a) Describe product life cycle in general terms. That is, what are the stages of a product’s life cycle? How do considerations like manufacturing time
(i.e., from raw materials to finished, marketable good) and product shelf life impact the overall value line of products?
b) Discuss the potential for a reverse logistics model to reduce costsin terms of product life cycle. In other words, when is it and when is it not cost
effective to return products through a reverse logistics model?
c) Discuss the potential for a reverse logistics model to optimize the supply chain in terms of product life cycle. In other words, are there elements
of the supply chain that could be reduced or eliminated (resulting in overall cost savings) by implementing reverselogistics?
d) Analyze the relationship between product life cycle and reverse logistics with regard to your selected organization. How might the relationship
benefit your organization in terms of cost savings and supply chain optimization?
Guidelines for Submission: Your paper must be submitted as a two- to three-page Microsoft Word document with double spacing, 12-point Times New Roman
font, one-inch margins, and at least three sources cited in APA format.
Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value
Product Life Cycle: Life
Cycle
Accurately describes product life cycle in
general terms and its impact on overall
product value line
Describes product life cycle, but does not
address its impact on overall product value
line
Does not describe product life cycle 20
Product Life Cycle:
Reduce Costs
Accurately discusses cost savings potential
of reverse logistics models with regard to
product life cycle
Discusses cost savings potential of reverse
logistics models, but without regard to
product life cycle
Does not discuss cost savings potential of
reverse logistics models
20
Product Life Cycle:
Optimize Supply Chain
Accurately discusses supply chain
optimization potential of reverse logistics
models with regard to product life cycle
Discusses supply chain optimization
potential of reverse logistics models with
regard to product life cycle, but with gaps in
accuracy
Does not discuss supply chain optimization
potential of reverse logistics models
20
Product Life Cycle:
Selected Organization
Comprehensively analyzes the relationship
between product life cycle and reverse
logistics in the selected organization in
terms of cost savings and supply chain
optimization
Analyzes the relationship between product
life cycle and reverse logistics in selected
organization, but does not address cost
savings and supply chain optimization
Does not analyze the relationship between
product life cycle and reverse logistics in
selected organization
20
Articulation of
Response
Submission has no major errors related to
citations, grammar, spelling, syntax, or
organization
Submission has major errors relatedto
citations, grammar, spelling, syntax, or
organization that negatively impact
readability and articulation of main ideas
Submission has critical errors related to
citations, grammar, spelling, syntax, or
organization that prevent understanding of
ideas
20
Earned Total 100%